
Cheap Homes for Rent in the Alameda Neighborhood of Tempe, AZ from $600 (64 Rentals)
Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.


1345 E Orange St

328 E Dunbar Dr

1939 E Concorda Dr

3300 S Terrace Rd

505 W Howe St

2610 S Ventura Dr

1939 E Concorda Dr

407 W Howe St

1630 E 12th St
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1630 E 12th St

1630 E 12th St

1409 S Mill Ave

907 E Broadmor Dr, Unit Room #1 Twin

1630 E 12th St

407 W Howe St

700 W University Dr, Unit 125

1215 E LEMON St, Unit Lemon R

2323 S College Ave

58 N May, Unit 101
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149 N Phyllis

524 W Howe St

1405 S Newberry Ln

200 E Southern Ave, Unit 231

200 E Southern Ave

1978 E Don Carlos

225 N Standage

2220 W Dora St

313 E Riviera Dr

2652 E Oakleaf Dr
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925 S Longmore, Unit 105

1201 S McClintock Dr

1201 S McClintock Dr

3031 S Rural Rd

1916 W Jerome Ave

2103 S Granada Dr

731 W University Dr

731 W University Dr

1412 E Hermosa Dr

2134 E Broadway Rd
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600 S Roosevelt St

1015 S Stanley Pl

707 W 13th St

830 S Dobson Rd

1645 W Baseline Rd, Unit 2200

123 E Broadway Rd

934 W Parkway Blvd

1730 W Emelita Ave

2015 E Southern Ave

503 W 12th St
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Alameda, Tempe, AZ Local Guide

How much does it cost to rent a home in Alameda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alameda 2 Bedroom Homes for Rent | $1,606 | $975 | $2,999 |
| Alameda 3 Bedroom Homes for Rent | $2,537 | $1,695 | $6,995 |
| Alameda 4 Bedroom Homes for Rent | $3,032 | $1,950 | $7,500 |
| Alameda 5 Bedroom Homes for Rent | $3,221 | $725 | $4,999 |
| Alameda 6 Bedroom Homes for Rent | $2,210 | $725 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 64 rentals with your search options within a 2 mile radius of the Alameda Neighborhood of Tempe, AZ.
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Alameda, Tempe, AZ Local Guide
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Cheapest Available Alameda Homes for Rent
 The cheapest available rental home in the Alameda area of Tempe, AZ is a 1 Bed home found at 1939 E Concorda Dr priced from $750. 1630 E 12th St has the second lowest priced home, which is a 1 Bed rental home currently listed from $850. Here are the most affordable Alameda homes for rent in Tempe, AZ:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1939 E Concorda Dr | 1939 E Concorda Dr | 1BR, 1BA | $750 |
| 1630 E 12th St | 1630 E 12th St | 1BR, 1BA | $850 |
| 1630 E 12th St | 1630 E 12th St | 1BR, 1BA | $850 |
Best Value Homes for Rent in Alameda, AZ
As of September 17, 2026 the best value rental home in the Alameda area is the $1.01 price per square foot 2157 E Alameda Dr Model at 2157 E Alameda Dr in the South Phoenix neighborhood starting from $3,295. The second greatest value Alameda rental home is the 213 E Carson Cir Model at 213 E Carson Cir in the South Phoenix neighborhood starting at $2,725 with a $0.95 price per square foot. Here is today’s list of the best values for Alameda homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2157 E Alameda Dr | 2157 E Alameda Dr | 3BR, 3BA | $1.01 |
| 213 E Carson Cir | 213 E Carson Cir | 4BR, 2BA | $0.95 |
| 3300 S Terrace Rd | 3300 S Terrace Rd | 6BR, 3BA | $0.32 |
| 238 E Ellis Dr | 238 E Ellis Dr | 4BR, 2.5BA | $1.10 |
| 1111 W University Dr | 1111 W University Dr | 3BR, 2.5BA | $1.17 |
| 505 W Howe St | 505 W Howe St | 5BR, 2BA | $0.35 |
| 1345 E Orange St | 1345 E Orange St | 5BR, 3BA | $0.35 |
| 328 E Dunbar Dr | 328 E Dunbar Dr | 6BR, 2BA | $0.42 |
| 420 E Tulane Dr | 420 E Tulane Dr | 3BR, 2BA | $1.15 |
| 700 W University Dr, Unit 125 | 700 W University Dr | 2BR, 1BA | $1.16 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleAlameda, Tempe, AZ
Ranked #1
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alameda, Tempe, AZ
Joseph P. Spracale Elementary School
School data provided by Great Schools
Frequently Asked Questions about Alameda
What type of rentals are currently available in Alameda?
There are currently 452 Apartments for Rent in Alameda, AZ with pricing that ranges from $650 to $13,500. There are also 290 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $600 to $7,500.
What is the current price range for Rental Homes in Alameda?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $600 to $7,500 with an average monthly rent of $2,408.
How much are larger Three and Four Bedroom Rentals in Alameda?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $775 to $10,066, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $650.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.